2024 SWVHEC Annual Report

At a Glance Financials

Restricted 12.9%

Revenues

Miscellaneous 3%

The Center received $6,848,049 in total revenues for Fiscal Year 2023-24. This included $2,862,184 in general fund appropriation, $872,086 in non-general funds, $2,028,187 in carryforward revenue, $883,049 in restricted state revenue, and $202,946 in miscellaneous fees and reimbursements.

General Fund 41.8%

Carryforward 29.6%

Non-General Fund 12.7%

Expenditures

Supplies/Equipment 17.4%

The Center’s total operating expenses were $4,636,652. This included $2,342,827 in personal services, $1,394,711 in contractual services, $807,989 in supplies and equipment and $91,125 in program support funding.

Personal Services 50.5%

Conference Revenues

Contractual Services 30.1%

Since

the

COVID-19

pandemic

negatively educational institutions and gathering places, the Center has been working hard to restore conference service revenues to pre COVID status. This fiscal year, we were able to achieve that. The Center has attracted larger events and has seen an increase in private, for-profit users. We welcome all opportunities to serve the community and region. impacted

Conference Service Revenues

50000 100000 150000 200000 250000 300000

2019 2020 2021 2022 2023 2024 0

2023-24 Annual Report

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